
Cheap Homes for Rent in Espanola, NM from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Espanola.


941 Calle Mejia

1506 Agua Fria St

542 Franklin Ave

4341 Trinity Dr

663 Bishops Lodge Rd

945 Agua Fria St
Espanola, NM Local Guide

How much does it cost to rent a home in Espanola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Espanola 2 Bedroom Homes for Rent | $3,339 | $1,910 | $5,250 |
| Espanola 3 Bedroom Homes for Rent | $3,829 | $2,400 | $8,000 |
| Espanola 4 Bedroom Homes for Rent | $3,875 | $3,500 | $4,250 |
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Espanola, NM Local Guide
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Cheapest Available Espanola Apartments for Rent and Nearby
 The cheapest available apartment rental in Espanola, NM is a Studio unit found at Santa Fe Suites in the Pueblos Del Sol neighborhood priced from $899. Myrtle Apartments - All Utilities Included has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Espanola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Suites | Studio | Studio,1BA | $899 |
| Myrtle Apartments - All Utilities Included | Studio | Studio,1BA | $900 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
Best Value Apartments for Rent in Espanola, NM and Nearby
As of November 12, 2025 the best value apartment in the Espanola area is the $1.58 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,085. The second greatest value Espanola apartment is the 2 X 2.5 (2-Car Gar) Model at Terra at Enchanted Hills starting at $2,120 with a $1.74 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Espanola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.58 |
| Terra at Enchanted Hills | 2 X 2.5 (2-Car Gar) | 3BR,3.5BA | $1.74 |
| Casa Loma Apartments | 2x2 | 2BR,2BA | $1.71 |
| Canyon Walk Income Restricted | One Bedroom x One Bath | 1BR,1BA | $1.14 |
| Coronado Townhomes | 2x2 | 2BR,2BA | $2.01 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1.85 |
| Talavera Apartment Homes | Pinon | 2BR,1BA | $2.01 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| Vizcaya | Carlsbad | 1BR,1BA | $2.04 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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Frequently Asked Questions about Espanola
What type of rentals are currently available in Espanola?
There are currently 43 Apartments for Rent in Espanola, NM with pricing that ranges from $899 to $5,216. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Espanola ranging from $1,100 to $8,000.
What is the current price range for Rental Homes in Espanola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Espanola ranges from $1,100 to $8,000 with an average monthly rent of $3,260.
How much are larger Three and Four Bedroom Rentals in Espanola?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Espanola range from $1,404 to $4,283, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $8,000. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,085.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.